I’m turning out the lights, the parties over, except for the fat lady singing in her beer.
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Obama wins re-election as U.S President
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Gold continues to consolidate amid the US-Iran stalemate and the more hawkish Fed
- The echo chamber harps on Iran proposing to reopen Strait of Hormuz before nuclear deal
- ECB to hold the line at this week's meeting - Goldman Sachs
- Market outlook for the week of April 27th - May 1st
- BoJ preview: no change expected amid the US-Iran uncertainty
- What are the main events for today?
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UPS faces revenue decline ahead of earnings. Peers show mixed results; FedEx up 8.3%, Heartland down 19.7%. UPS up 12.8% last month.
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Oil jumps as futures trade mixed. Traders eye earnings & economic data this week.
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Hormuz shock sends Brent to $90/bbl+! Goldman sees record draws, warns of demand loss if supply shock persists.
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SBUX nears earnings with 14% monthly gain, target $101.41 vs $98.85. Peers mixed.
StockStory
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